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indirect Taxation

Finance

What are the benefits which the India will get from GST?

Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would mitigate the ill effects of cascading and pave the way Read more…

By whatsq, 6 years ago April 4, 2017
Taxation

What are the Law Governing Service Tax ?

In India there is no separate legislature for Service Tax . Service Tax in India is

governed by The Finance Act, 1994 as amended from time to time. Service tax in India

is mostly governed by various Rules, Notifications, Circulars, and

(more…)

By GST Expert, 8 years ago April 5, 2015
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